Correct option is C
Statement 1 is correct.
Article 109 of the Indian Constitution does indeed outline the special procedure for the passage of Money Bills in Parliament. Money Bills deal with financial matters, such as taxation, borrowing of money by the government, or the expenditure of funds. The special procedure under Article 109 highlights the distinct process that applies specifically to Money Bills, as opposed to ordinary bills.
Statement 2 is correct.
A Money Bill can only be introduced in the Lok Sabha (the House of the People), not in the Rajya Sabha (Council of States). This is a key aspect of the special procedure for Money Bills, reflecting the primacy of the Lok Sabha in financial matters, as it is the directly elected house representing the people.
Statement 3 correct.
The Rajya Sabha does not have the power to reject a Money Bill. It can either approve the bill as it is or suggest amendments. However, the suggestions made by the Rajya Sabha are not binding on the Lok Sabha. This means that while the Rajya Sabha can provide input, the ultimate decision on the Money Bill lies with the Lok Sabha.
Statement 4 is incorrect.
The Rajya Sabha can suggest amendments to a Money Bill, but the Lok Sabha is not obligated to accept them. The Lok Sabha has the authority to either accept or reject the suggestions made by the Rajya Sabha. If the Lok Sabha chooses to reject the amendments, the Money Bill is considered passed in its original form. Therefore, the Rajya Sabha's role is advisory in the context of Money Bills, and the Lok Sabha has the final say.
